IAM Newswire

IAM Newswire

Big Banks Kick Off Fourth Quarter Earnings Season
This post contains sponsored advertising content. This content is for informational purposes only and not intended to be investing advice.
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Bed Bath & Beyond Has Only The Baby Boom Working In Its Favor
This post contains sponsored advertising content. This content is for informational purposes only and not intended to be investing advice.This post contains sponsored advertising content. This content is for informational purposes only and not intended to be investing advice.
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Walgreens Gets a Boost From Covid
As Omicron rages on across the globe, Walgreens Boots Alliance Inc (NASDAQ: WBA) saw its shares rise nearly 3% on Thursday as the company's fiscal first-quarter earnings were lifted by Covid-19 vaccines and both in-person and at-home tests, exceeding analyst estimates.
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Boeing Will Be Flying to the Metaverse With Improved Engineering
2021 ended with news of pretty much everyone worth mentioning in the business world getting a ticket to the metaverse, including The Boeing Company (NYSE: BA) that is undergoing a top-to-bottom clean-up of its design, engineering and manufacturing infrastructure as it embarks on a journey to build its next clea
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A Light First Week of 2022
Although the stock market ended 2021 on a strong footing, the fast-spreading Omicron variant is also going strong and putting an end to the optimistic hopes that the global economy would improve this year. Although the scheduled earnings reports are unlikely to cause major market movements, the first week of the year sets the tone of investors' sentiment.
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Nikola's Set to Make a Comeback in 2022
2021 ended with Nikola Corporation (NASDAQ: NKLA) achieving a critical milestone by delivering its first-ever commercial electric vehicle, the BEV semi-tractor, which is part of a test batch as it prepares to deliver 14 test vehicles to two clients over the next several months.
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The Metaverse Wins Christmas
Meta Platforms Inc (NASDAQ: FB) was on the top of the list of most popular apps in Apple Inc's (NASDAQ: AAPL) App Store on Christmas Day with its Oculus VR app, showing that its virtual reality headset was one of the
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Victoria Secret's Rebranding Was the Right Call
Shares of Victoria's Secret & Co (NYSE: VSCO) rose more than 11% on Wednesday after the retailer revealed it is enjoying a strong holiday season and unveiled a stock buyback plan.
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2022 Promises EV Deliveries and Actual Revenue
Things are quite different on the EV front compared to a few years ago when Tesla Inc (NASDAQ: TSLA) was all there was. Now, there is a mixture of reimagined legacy companies and innovative newcomers who are transforming the entire industry.
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Rivian Releases First Post-IPO Earnings Report
On December 16th, high-end electric pickup and SUV maker Rivian Automotive (NASDAQ: RIVN) reported it made just $1 million in revenue despite having a market cap of $100 billion post-its-IPO, leading many to think that it greatly resembles Tesla (NASDAQ:
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A Quiet Week to Wrap Up 2021
As Omicron continues rattling markets and spoiling the holiday cheer, 2021 is coming to an end through a quiet week with only a few actionable events that include Baidu (NASDAQ: BIDU), NextGen Acquisition Corp.
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BlackBerry's Turnaround Isn't Near
It's no secret that BlackBerry Limited (NYSE: BB) is in desperate need of some good news. But shares 1.7% after the company posted quarterly results on Tuesday despite the communications software maker beating Wall Street expectations.
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Nike Just Did It Despite Supply Chain Constraints
On Monday, Nike Inc (NYSE: NKE) shares rose more than 3% as fiscal second-quarter earnings and revenue topped Wall Street estimates fueled by strong demand in its biggest market, North America.  In an even stronger competitive position than before the pandemic, Nike backed its full-year outlook, guiding f
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EV-Powered FedEx Delivers
On December 20th, FedEx Corporation (NYSE: FDX) received the first five of 500 electric vans, making it the first customer to receive the EV600s, which are the fastest built vehicles, from concept to market, in General Motors' (NYSE:
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Adobe's Shares Tanked But Its Business Is as Healthy as Ever
Last Thursday, Adobe Inc (NASDAQ: ADBE) shares dropped 10% as investors punished the company for lower guidance that the Chairman and CEO Shantanu Narayen blamed on timing and foreign exchange, assuring that the business is as healthy as it has ever been.
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You Cannot Not Applaud Costco
More than a week ago, Costco Wholesale Corporation (NASDAQ: COST) reported very Costco-like quarterly results, and analysts and shareholders didn't expect anything less.
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Toyota Is Officially An EV Believer
On December 14th, the president of Toyota Motor (NYSE: TM) Akio Toyoda committed to making 3.5 million EVs a year by 2030, only seven months after the Japanese giant set a target of selling only 2 million EVs by the end of the decade.
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Christmas Week's Earnings Repertoire
Last week was marked by Fed's decision Wednesday to accelerate the end of quantitative easing and to pencil in three interest-rate increases for next year. Fed Chairman Jerome Powell also warned that high inflationary rates will persist.
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Oracle's Cloud Shift Seems to Be Working
Last Thursday, Xerox Holdings Corp.
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Lululemon Does Not Need to Chase Growth
Last Thursday, Lululemon Athletica (NASDAQ: LULU) posted its fiscal third-quarter earnings and sales that topped analysts estimates, along with raising its full-year outlook. However, the market focused on the multinational athletic apparel retailer lowering its expectations for annual sales of its at-
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